NORMAL SITUATION

PAGO

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Financial year 2023 · closed on 31/03/2023

Net result

22,4 k €

+797.3% YoY

Gross margin

23,3 k €

+1051.7% YoY

Equity

159,8 k €

+16.3% YoY

Company — Normal situation.

What does PAGO do?

PAGO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.041.162

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/03/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	23,3 k €	+1052%	-2,4 k €	-13.7%	-2,1 k €	+1.7%	-2,2 k €	+9.1%	-2,4 k €	-15.7%	-2,1 k €	-113%	16,1 k €	+142%	-38 k €	+51.0%	-77,5 k €	-189%	-26,8 k €	-175%	35,9 k €	+147%	-75,6 k €	+75.7%	-310,7 k €	-553%	-47,6 k €	-116%	296,6 k €	-21.0%	375,4 k €
EBITDA	22,6 k €	+835%	-3,1 k €	-7.0%	-2,9 k €	+10.9%	-3,2 k €	+4.5%	-3,4 k €	-20.3%	-2,8 k €	-119%	14,5 k €	+135%	-41 k €	+50.9%	-83,5 k €	-175%	-30,4 k €	-205%	28,9 k €	+136%	-79,8 k €	+74.7%	-314,9 k €	-512%	-51,4 k €	-118%	286,6 k €	-23.1%	372,8 k €
Operating result	22,6 k €	+835%	-3,1 k €	-7.0%	-2,9 k €	+10.9%	-3,2 k €	+4.5%	-3,4 k €	-20.3%	-2,8 k €	-119%	14,5 k €	+135%	-41 k €	+51.3%	-84,2 k €	-114%	-39,4 k €	-4648%	865,9 €	+101%	-108,8 k €	+68.4%	-344,1 k €	-322%	-81,6 k €	-131%	264,8 k €	-21.5%	337,2 k €
Net result	22,4 k €	+797%	-3,2 k €	-648%	586,6 €	+24757%	2,4 €	+101%	-341,3 €	-145%	751,3 €	-95.9%	18,4 k €	+153%	-34,5 k €	+56.4%	-79,1 k €	-89.0%	-41,8 k €	-2748%	1,6 k €	+102%	-104,7 k €	+7.7%	-113,4 k €	-108%	-54,7 k €	-113%	411,3 k €	+25.4%	327,9 k €
Balance sheet
Equity	159,8 k €	+16.3%	137,4 k €	+35.0%	101,8 k €	+0.6%	101,2 k €	+0.0%	101,2 k €	-0.3%	101,6 k €	+0.7%	100,8 k €	+22.3%	82,4 k €	-29.5%	116,9 k €	-40.3%	196 k €	-17.6%	237,9 k €	+0.7%	236,3 k €	-30.7%	340,9 k €	-25.0%	454,4 k €	-10.7%	509 k €	+150%	204 k €
Total assets	170,9 k €	+17.6%	145,4 k €	+41.8%	102,6 k €	+0.7%	101,8 k €	+0.6%	101,2 k €	-0.4%	101,6 k €	+0.3%	101,3 k €	+19.0%	85,2 k €	-64.3%	238,3 k €	-8.5%	260,5 k €	-2.0%	265,7 k €	-15.1%	312,9 k €	-57.5%	736,6 k €	-50.2%	1,5 M €	+12.8%	1,3 M €	+37.4%	954,2 k €
Cash	52,2 k €	-7.5%	56,4 k €	+181%	20,1 k €	-9.2%	22,1 k €	-11.0%	24,9 k €	-5.5%	26,3 k €	+90.7%	13,8 k €	+295%	3,5 k €	-97.7%	154,9 k €	+22.5%	126,5 k €	+181%	45 k €	-64.3%	126,1 k €	-80.0%	630,8 k €	-32.7%	937,5 k €	+36.0%	689,6 k €	+59.3%	432,7 k €
Debts	11,1 k €	+38.7%	8 k €	+966%	750,2 €	+21.0%	620 €		–		40,2 €	-92.4%	529 €	-80.6%	2,7 k €	-97.7%	120,8 k €	+88.9%	64 k €	+130%	27,8 k €	-63.3%	75,9 k €	-80.8%	395,7 k €	-50.9%	805,5 k €	+38.2%	582,9 k €	-22.3%	750,2 k €

Governance

Board of directors

Seen on filing of 31/03/2023 · 2 active · 21 ended

Active mandates

Nicole Plas

Managing director · since 01 septembre 2017 · until 30 août 2029

Active

Walter Grootaers

Director · since 01 septembre 2017 · until 30 août 2029

Active

Ended mandates

Nicole Plas

Managing director · since 01 septembre 2017 · until 31 août 2023

Ended

Walter Grootaers

Director · since 01 septembre 2017 · until 31 août 2023

Ended

Nicole Plas

Managing director · since 24 août 2017 · until 23 août 2023

Ended

Walter Grootaers

Director · since 24 août 2017 · until 23 août 2023

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018	01/04/2017
Closing of the financial year	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019	31/03/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/10/2023	10/10/2022	29/10/2021	15/09/2020	29/08/2019	27/09/2018
General meeting	30/09/2023	15/09/2022	30/09/2021	27/08/2020	29/08/2019	30/08/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2023	30/09/2023	27/10/2023	Dutch	PDF
Abridged model	31/03/2022	15/09/2022	10/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	27/08/2020	15/09/2020	Dutch	PDF
Abridged model	31/03/2019	29/08/2019	29/08/2019	Dutch	PDF
Abridged model	31/03/2018	30/08/2018	27/09/2018	Dutch	PDF
Abridged model	31/03/2017	31/08/2017	25/09/2017	Dutch	PDF
Abridged model	31/03/2016	05/08/2016	18/08/2016	Dutch	PDF
Abridged model	31/03/2015	30/07/2015	19/08/2015	Dutch	PDF
Abridged model	31/03/2014	15/07/2014	30/07/2014	Dutch	PDF
Abridged model	31/03/2013	28/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/03/2012	30/08/2012	29/10/2012	Dutch	PDF
Abridged model	31/03/2011	25/08/2011	14/03/2012	Dutch	PDF
Abridged model	31/03/2010	26/08/2010	19/11/2010	Dutch	PDF
Abridged model	31/03/2009	27/08/2009	29/10/2009	Dutch	PDF
Abridged model	31/03/2008	28/08/2008	27/11/2008	Dutch	PDF
Abridged model	31/03/2007	30/08/2007	27/09/2007	Dutch	PDF
Abridged model	31/03/2006	28/09/2006	30/10/2006	Dutch	PDF
Abridged model	31/03/2005	25/08/2005	28/09/2005	Dutch	PDF
Abridged model	31/03/2004	26/08/2004	02/11/2004	Dutch	PDF
Abridged model	31/03/2003	28/08/2003	27/10/2003	Dutch	PDF
Abridged model	31/03/2002	29/08/2002	25/11/2002	Dutch	PDF
Abridged model	31/03/2001	30/08/2001	20/11/2001	Dutch	PDF
Abridged model	31/03/2000	31/08/2000	12/10/2000	Dutch	PDF

View all 27 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2023 · 2 active · 21 ended

Active mandates

Nicole Plas

Managing director · since 01 septembre 2017 · until 30 août 2029

Active

Walter Grootaers

Director · since 01 septembre 2017 · until 30 août 2029

Active

Ended mandates

Nicole Plas

Managing director · since 01 septembre 2017 · until 31 août 2023

Ended

Walter Grootaers

Director · since 01 septembre 2017 · until 31 août 2023

Ended

Nicole Plas

Managing director · since 24 août 2017 · until 23 août 2023

Ended

Walter Grootaers

Director · since 24 août 2017 · until 23 août 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution18/04/2024
ONTBINDING — SLUITING VAN DE VEREFFENING IN ÉÉN AKTE
PDF
Mandates25/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/01/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/01/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/04/2004
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 202322,4 k €↑
2022
Annual accounts 2022-3,2 k €↓
2020
Annual accounts 2020586,6 €↑
2019
Annual accounts 20192,4 €↑
2018
Annual accounts 2018-341,3 €↓
2017
Annual accounts 2017751,3 €↓
2016
Annual accounts 201618,4 k €↑
2015
Annual accounts 2015-34,5 k €↑
2014
Annual accounts 2014-79,1 k €↓
2013
Annual accounts 2013-41,8 k €↓
2012
Annual accounts 20121,6 k €↑
2011
Annual accounts 2011-104,7 k €↑
2010
Annual accounts 2010-113,4 k €↓
2009
Annual accounts 2009-54,7 k €↓
2008
Annual accounts 2008411,3 k €↑
2007
Annual accounts 2007327,9 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAGO

Overview

What does PAGO do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline